Arab Decision Header Arab Decision Header

Saudi Arabia \ Commercial Banks \ Riyad Bank Ltd. Easy printable page

Contact Information
P.O.Box 22622, Riyadh 11416
Tel: +966 (1) 401 3030
Fax: +966 (1) 403 0010
General Description
Individual Banking Services including:
Electronic Banking
193 internal Branches
3 External Branches
The Riyadh Bank was established in 1957. It nearly went bankrupt in 1964, and was only saved when the Saudi Arabian Monetary agency intervened, reformed the management, and took a 38 per cent stake in the bank’s equity.
The “bid two”, the National Commercial Bank and the Riyadh Bank accounted for virtually all banking outlets until 1975, and even in 1980 they still accounted for over 70 per cent of all bank branches in the kingdom.
Mode of Finance
Capital: 1066.7 million USD
(last updated: 25-April-2007)

The documentation was gathered with the best efforts of researchers and scholars, in neutral and scientific spirit. We welcome all clarifications, corrections and improvements for best services. A Concept Team makes every effort to ensure, but cannot guarantee, the accuracy at all times of this information. Hyperlinks to or from other websites imply neither responsibility for, nor approval of, the information contained in those websites by A Concept.
Copyright A Concept mafhoum "the Arab Decision Makers Project"
Explore More

To Institution List

See more levels:

Search by Country

Find out more on POGAR.ORG
Country Information
Financial Management

Powered and operated by mafhoum